|Min SIP Amount||Not Supported|
|NAV||₹12.10 (01 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,112 Cr|
|Power Grid Corporation of India Ltd.||Energy||CP||6.7%|
|ICICI Bank Ltd.||Financial||CD||6.6%|
|Reliance Industries Ltd.||Energy||CP||6.5%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||5.3%|
|Reliance Jio Infocomm Ltd.||Communication||CP||4.5%|
|Indian Oil Corpn. Ltd.||Energy||CP||4.5%|
|Export-Import Bank Of India||Financial||CD||4.4%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||4.4%|
|Bank Of Baroda||Financial||CD||4.4%|
|Kotak Mahindra Bank Ltd.||Financial||CD||4.0%|
L&T Money Market Fund Direct Dividend monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Money Market Fund Direct Dividend monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,112 Cr and the Latest NAV as of 01 Jul 2020 is ₹12.10.
The L&T Money Market Fund Direct Dividend monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments swapped for floating rate returns, fixed rate debt securities, government securities and money market instruments
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.